The structures are being constructed via a joint venture ofCousins Properties Inc. and CommonWealth Partners, owners of a13-acre tract within the development. Schwab plans to use theentire space in both buildings for call centers, a CousinsProperties spokeswoman tells GlobeSt.com. Schwab, which alreadyleases 115,000 sf in the park, has said it plans to employ up to3,500 at the site. The call center will launch in June, with aninitial workforce of about 600 people.

The 184,000-sf Building II had broken ground about two weeksago. It is to be finished in August 2001, delivering roughly twomonths after the completion of the 174,000-sf Building I.Meanwhile, the Cousins team is hoping to pre-lease a thirdbuilding, which will bring another 174,000 sf to the Austin market.That building's construction start, which will result in full parkbuild-out, will be predicated on its pre-leasing, GlobeSt.com hasbeen told.

"The ability to fully lease this project ten months beforeopening attests to the experience of our leasing and developmentteams, and the demand for well located office space created by arapidly growing Austin economy," says Michael Croft, CommonWealthpresident and CEO.